More Cancellations for Dassault

Dassault’s third-quarter financial results indicate that the backlog for Falcon business jets is still suffering from cancellations. As of September 30, the 2009 order intake was negative, at minus €2 billion (approximately -$3 billion), a number that includes Dassault’s civil and military activities. For the third quarter alone, the order intake was minus €0.9 billion (-$1.35 billion). Revenues, at €2.29 billion ($3.43 billion) for the period, dropped by 9 percent.